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Lincolnshire Businesses to Benefit from Nearby Carbon Capture Project

The Viking CCS Humberside initiative, which has recently received support from the government, is anticipated to create an array of employment opportunities throughout the construction phase, potentially supporting up to 20,000 jobs. This audacious carbon capture project, located on the southern bank of the Humber, will seize emissions produced by the industries located in Immingham before transferring the gas to be preserved beneath the North Sea.

Chancellor Rachel Reeves, in her Spending Review speech, corroborated the support for this venture, potentially resulting in numerous benefits for businesses in Lincolnshire due to this infrastructure-driven economic growth plan. Graeme Davies, the executive vice president at Harbour Energy, affirmed that this announcement highlighted the significance of the project. Consequently, local businesses involved in the supply chain, ranging from engineering to logistics sectors, could foresee new opportunities as the project evolves.

The article is adapted from original reporting from the BBC.

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